Business Analyst: HR Analytics - Discovery Bank


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Discovery Limited Human Resource Management Jobs in Gauteng


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Discovery Bank is a bank like no other – a shared-value bank, designed with our clients in mind. We’re all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards. Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well.

If you’re adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment that’s safe and nurturing. 


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Job Purpose 

The Business Analyst (HR Analytics) is responsible for providing data-driven insights and analytics to support HR decision-making processes. This role focuses on analysing remuneration, annual leave trends, exit interviews, stay interviews, and developing comprehensive and accurate people dashboards.

Areas of responsibility may include but are not limited to: 

Data Analysis & Reporting: 

  • Track and maintain the integrity (completeness and quality) of people-related data
  • Remuneration
  • Analyse data to identify trends, anomalies and opportunities for improvement
  • Provide input to Bank Board and Remco reports
  • Complete income differential analysis and recommendations
  • Regularly review variable monthly pay (actual vs budget) and provide input on recalibration of targets
  • Analyse overtime trends to manage costs and identify root causes
  • Complete quarterly Stats SA reports
  • Analyse exit and stay interview data to identify key drivers of employee turnover and retention
  • Track usage of annual and sick leave, trends and risks to ensure optimal workforce planning and compliance
  • Develop and maintain an Exco “People dashboard” to provide real-time insights using HR metrics
  • Identify trends and development needs based on IDP’s
  • Ad-hoc reporting based on business requests
  • Design standard reports for line managers and HR through Smart People
  • Submit regulatory reports e.g. Employment Equity, Annual Training Report and Workplace Skills Plan
  • Monitor and report on working model adherence

Stakeholder Collaboration:

  • Work closely with business and the HR team to understand their data needs and provide relevant insights
  • Collaborate with IT and data management teams to ensure data integrity and accuracy
  • Act as liaison with the central People team on data and system issues and enhancements
  • Present findings and recommendations to senior management and other stakeholders.

Process Improvement:

  • Identify and implement process improvements to enhance data collection, analysis, and reporting
  • Develop and maintain documentation for data analysis processes and methodologies
  • Feed back into onboarding, promotion and other processes on Smart People to ensure that the data stays clean and consistent

Compliance & Best Practices:

  • Ensure compliance with data privacy regulations and company policies
  • Stay updated on industry best practices and emerging trends in HR analytics


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Education and Experience 

  • Bachelor’s degree in mathematics, finance, statistics, or related analytical field
  • 3 to 5 years’ experience in Analytics, using Excel, PowerBI and similar tools
  • Exposure to remuneration analytics would be advantageous
  • Strong analytical and quantitative skills, including proficiency in data analysis tools and techniques

Personal Attributes and Skills 

  • Excellent communication and interpersonal skills, with the ability to work collaboratively across departments and levels
  • Detail-oriented with a high level of accuracy
  • Mature with high EQ and ability to work with confidential information
  • Must be able to navigate ambiguity and work across multiple systems

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